<
https://www.euronews.com/next/2023/09/01/why-are-electric-vehicles-growing-in-popularity-in-india>
"India now has millions of electric vehicle (EV) owners, with popular
motorbikes, scooters and rickshaws representing more than 90 per cent of the
vehicles.
Indeed over half of India’s three-wheeler registrations in 2022 were electric,
according to an IEA report released in April.
Analysts say the market is growing due in part to a $1.3 billion (€1.25
billion) government scheme to encourage EV manufacturing in the country and
provide discounts for customers.
Rising fuel costs over the past decade and consumer awareness of the long-term
cost benefits are also driving up sales.
Electric vehicles are touted as a solution to bring down greenhouse gas
emissions and improve air quality.
For the electric vehicles market to successfully slash carbon, experts say
moving electricity generation away from fossil fuels, managing critical mineral
supply chains, and boosting EV sales across different socioeconomic backgrounds
in the country will be key."
Via
Future Crunch, who wrote:
India’s EV market is taking off because of an abundance of cheap new models.
Sales more than doubled in the first nine months of this year, and while the
overall share of the market is still small, a closer look at the underlying
trends highlights an important insight: some 86% of all electric cars sold
this year were priced under $20,000.
<
https://futurecrunch.com/good-news-rail-education-ethiopia-conservation-congo/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
